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ITC's Net Income Growth by Quarter and Year
Itc Holdings 's Net Income results by quarter and year
Select the Comparisons :
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Select the Ratio:
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ITC Net Income (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
IV Quarter |
December |
123.00
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114.00
|
99.00
|
102.00
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III Quarter |
September |
110.00
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111.00
|
105.00
|
92.00
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II Quarter |
June |
118.00
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111.00
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102.00
|
121.00
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I Quarter |
March |
112.00
|
106.00
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100.00
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92.00
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FY |
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463.00
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442.00
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406.00
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407.00
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ITC Net Income fourth quarter 2023 Y/Y Growth Comment |
Itc Holdings Corp reported Net Income growth of 7.89% year on year in the fourth quarter 2023, to $ 123.00 millions, this is lower than Itc Holdings Corp 's recent average Net Income increase of 10.67%.
According to the results reported in the fourth quarter 2023, Itc Holdings Corp achieved the best Net Income growth in Electric Utilities industry. While Itc Holdings Corp ' s Net Income increase of 7.89% ranks overall at the positon no. 209 in the fourth quarter 2023.
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ITC Net Income ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
7.89 % |
15.15 % |
-2.94 % |
-35.85 % |
III Quarter |
September |
-0.9 % |
5.71 % |
14.13 % |
-6.12 % |
II Quarter |
June |
6.31 % |
8.82 % |
-15.7 % |
39.08 % |
I Quarter |
March |
5.66 % |
6 % |
8.7 % |
9.52 % |
FY |
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4.75 % |
8.87 % |
-0.25 % |
-4.91 % |
ITC Net Income (Quarter on Quarter Growth %) |
2023
|
2022 |
2021 |
2020 |
IV Quarter |
December |
11.82 % |
2.7 % |
-5.71 % |
10.87 % |
III Quarter |
September |
-6.78 % |
0 % |
2.94 % |
-23.97 % |
II Quarter |
June |
5.36 % |
4.72 % |
2 % |
31.52 % |
I Quarter |
March |
-1.75 % |
7.07 % |
-1.96 % |
-42.14 % |
FY (Year on Year) |
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4.75 % |
8.87 % |
-0.25 % |
-4.91 % |
Net Income Y/Y Growth Statistics |
High |
Average |
Low |
49.01 % |
10.67 % |
-15.74 % |
(Dec 31 2017) |
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(Jun 30 2021) |
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Net Income Y/Y Growth Statistics |
High |
Average |
Low |
49.01 % |
10.67 % |
-15.74 % |
(Dec 31 2017) |
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(Jun 30 2021) |
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Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
Itc Holdings 's Q/Q Net Income Growth
Net Income Q/Q Growth Statistics |
High |
Average |
Low |
71.92 % |
4.22 % |
-43.02 % |
(Mar 31 2016) |
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ITC's IV. Quarter Q/Q Net Income Comment |
Itc Holdings Corp achieved in the IV. Quarter 2023 above company average sequential Net Income rise of 11.82%, to $ 123.00 millions, from $110.00 millions in the third quarter. ITC is going from strength to strength, with recording higher then regular increase, and additionally improving rate.
Within Electric Utilities industry Itc Holdings Corp achieved highest sequential Net Income growth. While Itc Holdings 's Net Income growth quarter on quarter, overall rank is 143. |
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Net Income Q/Q Growth Statistics |
High |
Average |
Low |
71.92 % |
4.22 % |
-43.02 % |
(Mar 31 2016) |
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ITC's IV. Quarter Q/Q Net Income Comment |
Itc Holdings Corp achieved in the IV. Quarter 2023 above company average sequential Net Income rise of 11.82%, to $ 123.00 millions, from $110.00 millions in the third quarter. ITC is undergoing a remarkable growth, not just recording higher then average increase, but also increasing pace.
Within Electric Utilities industry Itc Holdings Corp achieved highest sequential Net Income growth. While Itc Holdings 's Net Income growth quarter on quarter, overall rank is 143. |
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Itc Holdings 's 12 Months Net Income Growth Year on Year
Net Income TTM Growth |
12 Months Ending (Jun 30 2022) |
12 Months Ending (Mar 31 2022) |
12 Months Ending (Dec 31 2021) |
12 Months Ending (Sep 30 2021) |
12 Months Ending (Jun 30 2021) |
Cumulative Net Income 12 Months Ending |
$ 421.00 |
$ 412.00 |
$ 406.00 |
$ 409.00 |
$ 396.00 |
Y / Y Net Income Growth (TTM) |
6.31 % |
-0.72 % |
-0.25 % |
-11.85 % |
-15.74 % |
Year on Year Net Income Growth Overall
Ranking |
# 243 |
# 1303 |
# 1385 |
# 502 |
# 1125 |
Seqeuential Net Income Change (TTM) |
2.18 % |
1.48 % |
-0.73 % |
3.28 % |
-4.58 % |
Seq. Net Income Growth (TTM) Overall
Ranking |
# 209 |
# 1106 |
# 1184 |
# 434 |
# 967 |
Cumulative Net Income growth
Comment |
Although Itc Holdings 's Annual Net Income growth year on year were below company's average 10.67% , Net Income announced in the Jun 30 2022 period, show improvement in Net Income trend, to cumulative trailing twelve month growth of 6.31% year on year, from -0.72% in Mar 31 2022. And, Itc Holdings had the highest Net Income growth, in Electric Utilities industry.
Among companies within the Utilities sector 3 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 243, from total ranking in previous quarter at 1303. |
Net Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
49.01 % |
10.67 % |
-15.74 % |
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Net Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
49.01 % |
10.67 % |
-15.74 % |
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Net Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 1 |
Sector |
# 3 |
S&P 500 |
# 209 |
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Cumulative Net Income growth
Comment |
Although Itc Holdings 's Annual Net Income growth year on year were below company's average 10.67% , Net Income announced in the Jun 30 2022 period, show improvement in Net Income trend, to cumulative trailing twelve month growth of 6.31% year on year, from -0.72% in Mar 31 2022. And, Itc Holdings had the highest Net Income growth, in Electric Utilities industry.
Among companies within the Utilities sector 3 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 243, from total ranking in previous quarter at 1303. |
Net Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
49.01 % |
10.67 % |
-15.74 % |
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Net Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
49.01 % |
10.67 % |
-15.74 % |
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Net Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 1 |
Sector |
# 3 |
S&P 500 |
# 209 |
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